| Quality Power IPO Review | Quality Power IPO Subscription | Quality Power IPO Recommendations | Quality Power IPO Allotment Status |
Quality Power Electrical IPO Description – Quality Power Electrical Equipments is a leading Indian company specializing in critical energy transition equipment and power technologies, providing high-voltage electrical solutions for grid connectivity and energy transition. Its expertise spans power generation, transmission, distribution, and automation, with a focus on large-scale renewable applications. The manufacturing facilities meet stringent quality standards for global clients, including Fortune 500 companies, and the Test & Research Lab in Sangli is ISO 17025:2017 accredited.
As one of the few global manufacturers of essential high-voltage equipment for HVDC and FACTS networks, the company plays a crucial role in integrating renewable energy sources into traditional power grids. Its extensive product range includes reactors, transformers, and grid interconnection solutions like STATCOM and SVC systems. With operations across India and a significant international footprint, Quality Power caters to diverse customer bases.
As of 31 March 2024, Quality Power Electrical Equipments served 210 customers, with international operations generating the majority of the revenue—INR 250.93 crore in FY 2024. As of the same day, the company employed 163 full-time staff and 372 contractual workers, in addition to apprentices.
Promoters of Quality Power Electrical Equipments – Thalavaidurai Pandyan, Chitra Pandyan, Bharanidharan Pandyan, and Pandyan Family Trust
Table of Contents
Quality Power Electrical IPO Details
| Quality Power Electrical IPO Dates | 14 – 18 February 2025 |
| Quality Power Electrical Issue Price | INR 401 – 425 per share |
| Fresh issue | INR 225 crore |
| Offer For Sale | 1,49,10,500 shares (INR 597.91 – 633.70 crore) |
| Total IPO size | INR 810.2 – 858.7 crore |
| Minimum bid (lot size) | 26 shares (INR 11,050) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Quality Power Electrical Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 182.64 | 253.25 | 300.60 | 155.74 |
| Expenses | 162.86 | 226.10 | 268.41 | 127.64 |
| Net income | 42.23 | 39.89 | 55.47 | 50.08 |
| Margin (%) | 23.12 | 15.75 | 18.45 | 32.16 |
Quality Power Electrical Offer News
- Quality Power Electrical RHP
- Quality Power Electrical DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Quality Power Electrical Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 5.85 | 5.53 | 7.69 | 12.93 |
| PE Ratio | – | – | 52.16 – 55.28 | 31 – 32.86 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 26.34 | 22.71 | 29.15 |
| NAV | 22.22 | 24.35 | 26.38 |
| ROCE (%) | 20.58 | 22.32 | 19.20 |
| EBITDA (%) | 12.76 | 12.77 | 12.68 |
| Debt/Equity | 0.07 | 0.06 | 0.20 |
Quality Power Electrical IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 20 February 2025 | 5 | – | 100 |
| 19 February 2025 | 5 | – | 100 |
| 18 February 2025 | 7 | – | 100 |
| 17 February 2025 | 12 | – | 200 |
| 15 February 2025 | 20 | – | 400 |
| 14 February 2025 | 28 | – | 600 |
| 13 February 2025 | 33 | – | 700 |
| 12 February 2025 | 32 | – | 650 |
| 11 February 2025 | 25 | – | 500 |
Quality Power Electrical IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Payment of the purchase consideration for the acquisition of Mehru Electrical and Mechanical Engineers – INR 117 crore
- Funding capital expenditure requirements of the company for the purchase of plant and machinery – INR 27.22 crore
- Funding inorganic growth through unidentified acquisitions and other strategic initiatives
- General corporate purposes
Quality Power Electrical – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Quality Power Electrical | 55.28 | 7.69 | 29.15 | 26.38 | 300.60 |
| Transformers & Rectifiers | 219.58 | 3.24 | 8.35 | 39.49 | 1,294.68 |
| Hitachi Energy | 300.81 | 38.64 | 12.04 | 320.86 | 5,237.49 |
| GE T&D India | 222.02 | 7.07 | 14.57 | 48.54 | 3,167.91 |
Quality Power Electrical IPO Dates & Listing Performance
| IPO Opening Date | 14 February 2025 |
| IPO Closing Date | 18 February 2025 |
| Finalization of Basis of Allotment | 19 February 2025 |
| Initiation of refunds | 20 February 2025 |
| Transfer of shares to demat accounts | 20 February 2025 |
| Quality Power Electrical IPO Listing Date | 24 February 2025 |
| Opening Price on NSE | INR 430 per share (up 1.18%) |
| Closing Price on NSE | INR 387.9 per share (down 8.73%) |
Quality Power IPO Anchor Investors Allocation
Quality Power IPO anchor investor round was completed on 13 February 2025. A total of 90,92,070 shares were allotted at the upper price band of INR 425 per share. Anchor investors were allotted shares worth INR 386.14 crore, which is 45% of the total issue size.
The lock-in period for anchor investors is a critical aspect of the allocation. Below are the lock-in period ending dates for Quality Power IPO:
- Lock-in Period (50% Shares): 21 March 2025
- Lock-in Period (Remaining Shares): 20 May 2025
Quality Power Electrical IPO Reviews – Subscribe or Avoid?
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Quality Power Electrical Offer Lead Manager
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Pantomath Nucleus House, Saki Vihar Road,
Andheri East, Mumbai – 400 072 Maharashtra, India
Phone: 18008898711
Email: qualitypower.ipo@pantomathgroup.com
Website: www.pantomathgroup.com
Quality Power Electrical Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: qualitypower.ipo@linkintime.co.in
Website: www.linkintime.co.in
Quality Power Electrical Contact Details
QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED
Plot No. L-61, M.I.D.C Kupwad Block,
Sangli – 416 436 Maharashtra, India
Phone: +91 233 264 5432
Email: investorgrievance@qualitypower.co.in
Website: www.qualitypower.com
Quality Power Electrical IPO FAQs
How many shares in Quality Power Electrical IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply for Quality Power Electrical Public Offer?
The best way to apply for Quality Power Electrical public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Quality Power Electrical IPO GMP today?
Quality Power Electrical IPO GMP today is INR 0 per share.
What is the Quality Power Electrical kostak rate today?
Quality Power Electrical kostak rate today is INR NA per application.
What is Quality Power Electrical Subject to Sauda rate today?
Quality Power Electrical Subject to Sauda rate today is INR 0 per application.